DE30: DAX stays in consolidation zone

11:35 AM 17 November 2022

Thursday's trading session on European markets brings mixed sentiment. The DE30 is trading just above the dash. Investors' attention today is focused on macro readings, with data on US unemployment claims and data from the US labor market. A review of inflation data from the Eurozone came in line with analysts' expectations.

The swaps market is currently pricing in a near 25% chance of a 75bp rate hike at the ECB's December meeting. Source: Bloomberg

DE30 index chart, D1 interval. Benchmark German blue chips are trading at mixed levels today. Source: xStation 5

Thursday's German market session brings modest gains in valuations of most economic sectors. Source: Bloomberg

News:

Source: Bloomberg

  • The mood is slightly worse for the shares of Thyssenkrupp (TKA.DE). The company is pessimistic about the future due to rising costs and lower steel prices. Management expects a significant drop in sales in the current fiscal year. The company also reported its annual results.

Source: Bloomberg

Changes in the institution's holdings in individual companies of the DAX index (data from the last session). Source: Bloomberg

The largest percentage changes in the companies included in the DAX index. Source: Bloomberg

The most active stocks in the DAX index (DE30). Source: Bloomberg

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